£330,831
This estimated value is based upon the latest sale price for the house of £155,000 on 16 Feb 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£155,000 | 16 Feb 2004 |
£59,000 | 18 Apr 1997 |
Detached |
Freehold |
Floor Area: 79 sq meters or 850 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in February 2004 the House Price Index for WEST MIDLANDS was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £155,000 results in an estimated price of approximately £330,831.
16 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £155,000 | £175,831 | £330,831 |
The Postcode Pricing Model uses changes in average sales price within the WV3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 195.259 % | £302,651 | £457,651 |
3 Month Average | 86.310 % | £133,780 | £288,780 |
6 Month Average | 91.669 % | £142,087 | £297,087 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £161,402 | £160,000 | 20 LAUREL GROVE |
6 Dec 2023 | £361,096 | £350,000 | 192 COALWAY ROAD |
29 Sep 2023 | £250,523 | £245,000 | 18 HILARY DRIVE |
25 Sep 2023 | £233,139 | £228,000 | 241A COALWAY ROAD |
10 Mar 2023 | £256,280 | £252,000 | 2 LAUREL GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 7 Mar 2013. Using an estimated price of £330,831 means this house is valued at £4,187 per sq meter (£389 per sq foot).
The average size of a house on COALWAY ROAD is 118 sq meters (1,278 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hilary Drive |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilary Drive |
May 2024 | Other crime | Under investigation | On or near Hilary Drive |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Grendon Gardens |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grendon Gardens |